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20121005
20121005
Search Results 0 to 7 of about 8 (some duplicates have been removed)
by the obama administration going bankrupt. he didn't actually mean that. sort of rolled over from democratic and liberal bewilderment last night that mr. romney was abandoning his main economic plan that he was running on, his $5 trillion tax cut plan, his big trickle-down plan, to be rolled over from democrats being bewildered about that to the beltway press and mainstream pundits i think now having a hard time deciding whether they are supposed to call that a lie or whether they're supposed to just say this is a radically new position for the candidate and welcome to it. joining us now, jonathan alter, columnist for "bloomberg news" and msnbc political analyst. mr. alter, great to have you here. >> hi, rachel. >> how does president obama counter the strategy of mitt romney's to unveil whole new ideas or deny he ever held the ideas that he plainly has held? it's one thing to have a truth squad fact checking online. how do you counter that at the podium? >> one is i'm rubber, you're glue, bounces off and sticks to you. trickle-down, to confuse everybody, throw up a lot of smoke about that wo
has fluctuated during president obama's administration. you can see that sharp rise in the beginning when we were still in a recession. and then a gradual slow lowering over the last couple of years. the unemployment news comes as we get word that americans borrowed $18 billion more in august than the month before. much of that borrowing coming in the form of credit cards and student loans. wall street reaction somewhat mixed today. the dow gaining 35 and closing at its highest level in nearly five years on this friday. the nasdaq dropped 13. the s&p 500 was flat. right now, republic candidate for president, governor mitt romney is speaking at an event in st. petersburg, florida. we understand is he going to be touching on the economy. let's watch for just a moment. >> the participation of our adults in the workforce were the same as at the time that he got elected. our unemployment rate would be about 11%. people in this country are having a hard time finding a job. people in this country are having a hard time making ends meet even if they do have a job. so it's time to have someon
. and what a second term obama administration would look like. and what it would do for middle class americans all over this country. i think we achieved that. i think what we didn't expect is for that mitt romney to show up. i know mitt romney is an aggressive debater, a great debater, in his own words. was one of the things he used as a credential to becoming the republican nominee. we didn't expect him to be aggressively dishonest last night. >> was the president taken by the number of lies? >> well, you know, i think that, you know, today looking back at last night, you saw what the president did on the stump today. called mitt romney out for what he did last night. not just about his $5 trillion tax cut but a number of other things. and, you know, we'll continue doing that. as i was listening to your piece coming into me, and you talked about our ad. we went on the air today. we're going to continue doing it pointing out all the things mitt romney said last night that are basically not true. it's almost as if he forgot what the last six years of running for president meant. >> y
that independent voters liked that when he talked about cutting tacks for the middle class. obviously the obama administration takes issue with it and says it isn't true. do you think this could be enough, if mitt romney could make the case for him to win the election? >> i think it's a very important point. remember why he wants to have the tax reform he wants. it's to make sure that the united states grows better than we've seen in the past four years. and what mr. romney is trying to say is, look, we have all these people out of work. we have all these people with jobs whose incomes are not growing. les lower rates, broaden the base, be respectful of the middle class and the deficit by but have a better tax policy in place. it's good positions for him. the president can't even get the first step right. instead of lowering rates and broadening the base, he is insistg on raising taxes. that's a bit of a tough sell right now. it was the same president who, in 2010, said we can't afford to raise taxes on anyone. the economy is too weak. we're growing faster then than we are now. >> how big an is
. remember, this is the end of the bush administration, early obama administration, the economy was bleeding jobs. 800,000 jobs a month at one point. spurt a growth, back down again. this is what the president says, no, it's not as robust as i would like, but look at this. look at this. since 2010 the economy has been adding jobs including 114,000 in september. that's what the president would say. governor romney says that's not enough. and with less regulation, lower taxes, other pro-business incentives you could create more. last month, health care jobs up, transportation jobs up. this one, wolf, in a report largely encouraging for the president, this is a bit discouraging, manufacturing jobs are down. if you look at the history of manufacturing in the obama presidency, again, you have the huge drop early on and a bit of a recovery since. but manufacturing jobs are still down from the beginning of the obama presidency. let me walk back over to this map for a second. that does matter in places like, the battleground states as well as anyone, ohio's a battleground, iowa's a battleground, in
the idea that the labor department is cooking these numbers to help president obama. people said that during the bush administration too. they accused the bush administration of doing that. it is just not true. doesn't happen that way. and i think people need to have a real debate over the argument and not a cartoon debate about somehow darkened conspiracies with the number. >> so the discussion will happen on the sunday shows whether or not the week was about the president's performance in the debate, or this economic data. which wins? which one is more important? >> you know, the debate was seen by tens of millions of people. i think that's important. i've said all along during the campaign, the jobless numbers have been hyped in their importance because people are living in this economy. they feel what's happening to their lives and their own prospects. this is good news for the president but doesn't change what voters already know about their own lives and the prospects for their kids to get ahead, the prospects for them to get jobs if they don't have jobs now. i wouldn't ove
Search Results 0 to 7 of about 8 (some duplicates have been removed)

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